Mathematics, 13.12.2020 23:30, bobbyhsu3751

You are borrowing $1575 to purchase a washer and dryer using a 36 month installment plan. Determine the annual percentage rate (APR) and the monthly payment given that the interest charge is $99.32. Round your answer to the nearest whole percent and nearest percent. A. 5% ; $47.20 (it is NOT this one)

B. 5% ; $50.18

C. 4% ; $49.42

D. 4% ; $46.50

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You are borrowing $1575 to purchase a washer and dryer using a 36 month installment plan. Determine...